Weyerhaeuser acquiring high-quality timberlands in north carolina and virginia

Capitalizing on unique off-market opportunity to further enhance southern timberlands portfolio with highly productive and strategically located acreage seattle , may 22, 2025 /prnewswire/ -- weyerhaeuser company  (nyse: wy) today announced an agreement to acquire approximately 117,000 acres of high-quality timberlands in north carolina and virginia from roanoke timberlands llc, a subsidiary of roseburg forest products, for $375 million. comprised of mature, highly productive timberlands, the acreage will be well-integrated with existing weyerhaeuser timberland and mill operations in north carolina, will expand the company's footprint into attractive markets in southeastern virginia and will offer substantial alternative value opportunities.
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